Cross industry expertise in the claims and settlement mgmt
12/15/2015
One of our client is trying to understand the process of claim settlement by companies for their consumers/ dealers/ distributors.
• target industries like B2C - E-commerce, Automotive, Consumer durables; B2B ¨C building materials, auto components, etc.
• Turnaround times for claims settlement
• Major changes brought to achieve fast turnaround ¨C e.g. internal organization set-up (customer/ dealer grievance cell), technology enablement, etc.
• Policy details for settlement of claims with customers/ distributors ¨C whether goods replaced or credit note issued, movt of damaged goods in the system
• Process for approvals by type (value or some other parameter)